What Happened
Leadership Transition Sets Stage For Continued Expansion
Altavair has announced a leadership succession, with Matthew Hoesley taking over as CEO and President, and Stephen Rimmer moving into the Executive Chairman role. Dimitrios Kotinis has been promoted to Chief Commercial Officer, overseeing marketing, trading, and risk functions. The transition follows a long-term succession planning process and a recent $1.4 billion equity commitment from KKR to support Altavair’s expansion. This development was first reported by Unknown Source.